liz: what a nice ten year start. dave: we are down triple digits and 117 on the dow. this is session low, it may settle lower than that as the bells are ringing on wall street. let's look at the indices' shaping up and they are actually not shaping up but shaping down. we are down 120 on the dow on the negative side. s&p down 17, nasdaq taking the biggest hit of all percentagewise, 1.8% to the downside but apple having a lot of influence on the nasdaq, on the tech sector in general. the russell 2,000 taking a big hitch over a percentage point. liz: oil behave interestingly. most moved higher today but royal exchange funds, despite a close, a small rise in oil, but p x j is dynamic oil and gas, hoping to ms. of scherer, down

about 2-2/4%. and what you see here, the pullback of some of these names involved in integrated oil or at least -- dave: usually the vix runs in opposite directions, the market and the vix. today they're both going down. when you see a triple digit drop in the dow you don't usually see the vix going down. today it is down 3% and down more before in fairness though the worse the market got, the milder the downward trend. we will be watching that very carefully in the days ahead. liz: airline stocks took off as the number of oil analysts see downward price action improving. that means jet fuel goes down. this is the new york stock exchange airline index and it rose 1-3/4%.

dave: when the bell ring the action begins. we are awaiting earnings from disney, groupon, nordstrom, lion's gate, they have successful movies may be on the plus side and doubts about the others. liz: what the the country's biggest banks, future of regulation now that the election is over. we talked to former governor tim pawlenty who is the ceo of the financial services round table, members include j. p. morgan -- jpmorgan, bank of america and citigroup. dave: let's tell you what drove a markets today. stocks extending losses after suffering the biggest drop of the year and broad market sell-off, major indices closed the trading day at session lows. the dow is down 400 points, a consumer discretionary, the worst performers, utilities the only sector to eke out any small gains. gold rising about $20 following european central bank decision to keep its monetary policy

intact. the precious metal climbed to $17.26 an ounce. it is a safe-haven investment and higher after hours. u.s. weekly jobless claims fell more than expected dropping to a seasonally adjusted 355,000, a drop of 8,000 claims as a possible sign of a healing job market although officials are warning figures may be distorted by superstorm sandy. the four week average applications rose by more than 3,000 of these numbers, change from week to week. liz: let's get a greater perspective. we have jerry levy on the pits of the cme, eugene profits and mark martyak, robert gray at the ready to break in with earnings as soon as they hit the table but let's start with jerrod at the cme. we blew through the 1400, 1440 level on the s&p like this. what do you think? tomorrow and the next couple weeks? >> of paper for we are standing

on. a lot of folks watching the 1380 level. i'm watching the 2 and the day moving average of 1360. i jumped in front of the frame. i was selling to avalanche david talked about the vix coming in and markets deteriorated. the reason is people like me to dip their toes in, professional option traders selling downside money put them the right to buy -- dave: i want to tell what they're looking at beside you on the screen. groupon numbers are out. i want to -- hold on a second. let's have robert gray give us details what the numbers say clearly after-hours the market doesn't like it. robert: that is right. coming in, disappointing on both levels. revenue $568,600,000 below the estimated 590.1. also no profit, no loss. big fat 0 on the bottom line for groupon. the estimate was for $0.03 profit. taking a look at their forecasts for revenue putting out a number

like 625 to $675 million and they would be that on the upper level for the current quarter and their saving grace as i see stock coming of of the loews it is 5% initially down 3%. dave: you have been a seller of the stock. i have been talking about this and use it was a bomber from the ipo. >> look at the competition. you have a company like groupon and ten people who do what they do and the other folks have a lot more money than they do. someone like amazon. not a company want to own and a lot of folks, let's buy this because it is cheap but $3 stock and could go to $1 very quickly. it is one you need to stay away from and if you read want to be in that space. liz: they have these fcc query's circling around and that is never a good sign and on the conference call we will get clarity what is going on and there are a lot of sectors where a lot of different companies do the same thing but it is a

matter of is there enough people who are interested in this i? that become that question. >> having an edge, like the fast-food business. you go to mcdonald's because you want the big mac or burger king because you want the walker. groupon has the same thing as living social, yahoo! deals and these different deals. they did it through customer service because they can't afford to give back these things. they can't afford to give back these coupons. it is a tough business to be in. you got to be careful. dave: stay with us. more earnings coming in and may have to break in at any moment. we warn our panel in advance. eugene profit is founder of property investments and the senior wells strategist of premier wealth first allied securities. gentlemen, thank you for coming. eugene, first to you. there's an old adage you don't fight the tape to take it has been bad over a 400 point drop over the past two days, almost

450 but you say the market is overreacting to the election. how so? >> i don't like the way the market closed today. fundamentals if you go back to the end of october, companies beating earnings expectations and essentially a round elections and fiscal cliffs and looking at macro headlines and weak data coming from greece right after the election. basically decided to sell the news and long term proven to be a mistake, a great opportunity to buy high-quality names but i would stay away from names like groupon, and technology plays like microsoft. liz: do you agree that this will end up being a 2009 opportunity? if you look at a stock chart from 2009 easily look like a

decent moon shot because it was the low of the past several years. do you see it as more serious? >> it is serious but temporarily serious until the end of the year. we need a fiscal quick compromise so that u.s. households can avoid paying an additional $221 billion in taxes. that works out to 1700 annually. i am telling my clients to stay calm and toys. they are worried and i am talking about affluent individuals and families. they are worrying since our existing president that was reelected for some reason many of my clients felt romney should be the new president and now that reality is just thinking in. this will present a buying opportunity. we just have to get through this concern period. i can't tell you until congress comes together with the president and we fix this. dave: you are looking at nordstrom and it is trading down

after hours as well. robert gray will be going through the numbers. is robert available? let me ask you specifically about one tax of concern to a lot of investors particularly retirees. the dividend tax is not only set to double but almost triple as a result of the expiring tax cuts for the bush era. if that happens isn't there going to be a big move out of a lot of these high-paying dividend stocks? >> i agree. as long as it is favorable there's no reason to move but if we see 15% of to 43% we got a major problem. dave: a major problem for stocks like johnson and johnson that had been a refuge of a lot of people over the past year. >> dividend paying stocks were your best friend and very defensive of that and are always like a pay to wage theme but i am advising my clients keep the money on the sideline, don't go in and buy any new dividend stock. liz: we got a nordstrom numbers clean up.

let's get to robert gray. >> coming in better than expected on revenue. $2.81 billion the earnings messing by a penny, $0.71 to 72, a little weakness in after-hours trading as well. liz: quick reaction from eugene profit. you are not afraid of stocks but two names are moving down. >> the stock picker's market, when you talk about dividends that were, where does the money go? interest rates are low and higher tax rate on dividends, it will still be higher on an equivalency basis more than anywhere else and we don't own nordstrom as a little bit earlier, retailers have done very well like tiffany's, done well as well. that was executed very well over a lot of last few years. i like to see why they are a penny light but revenue -- dave: we were just talking about how but new tax structure might

affect stocks. you talk about medtronic which makes pacemakers, they are going to be hit by a new tax as part of obamacare. this that concern you? >> we haven't built the evaluation model. it is our belief that recently as the economy begins to level of a lot of procedures that haven't happened that would have been delayed will have a whole lot more coming into the market. so near-term, uncertainty is a little bit of a concern but longer-term with demographics we think it is an excellent way and we invest longer than the end of the year. it is that three to five your time period and when you have a situation where stocks are found but macro headlines make investors run for the exit for temporary period we find that to be a great buying opportunity. liz: good to see you both. thank you. call it a change of heart.

former governor tim pawlenty have gone from bashing banks to working for them as the ceo of financial services round table. why the change of heart? the second president obama term. tim pawlenty joining us exclusively. dave: america voted for the status quo on capitol hill but did one party actually gain the upper hand. live in washington with a story that could surprise you. liz: one wire co. facing a lawsuit for overstating the fuel economy for their vehicles. is this car in your list or your raja? you need that story in today's speed read coming up. [ male announcer ] this is steve.

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dave: an ugly day. let's see how it is ending. jerry levy is there. >> look at the selling here. as they have been doing over the past several days tomorrow we

get economic data. and 1% or 2% slide, we have economic data coming out tomorrow. 20% of hasn't been comings are down, topline revenue growth is down, year over year in the third quarter. dave: we should mention lion's gate and the hunger games and the twilights series, we love the hunger games. the hunger games -- liz: let's go back to nicole petallides on the stock exchange. nicole: selling across the board, a new all-time high. multiple upgrades from the analysts, and cn can a got a buy

rating, that is doing well. good news there and also getting an upgrade, we are hearing the company is having -- beefing up over it air in napa and california. the notion is doing well and a global company, lot of upgrades and new all-time high in this one. liz: upgrades. very good. dave: at first glance, after the election the same song, different verse but closer look, landscape is actually shifted a little as you can look at disney on the screen. is trading a little bit down after hours, piecing through the numbers right now. dave: disney, the lucas film acquisition will not be counted in. let's get to robert gray. robert: you may have suspected,

revenue numbers missing,$.78 billion in the quarter. estimate was 2.9 to move billion dollars. earnings in line at $0.68 per-share, down 2% in after-hours if you look at the media networks, revenues were up 4%. when you start breaking it down genesis taking a closer look, operating income at the cable networks actually rose thanks to gross at espn, a closely watched unit. sending shares lower after hours and they're right in line. dave: including all the analysts, dennis kneale is looking at these numbers with great interests. >> it is going to sell-off because of their revenue mix. coming net $10.7 billion instead of $11 million, earnings per share coming at $0.68, dead on the expectation but wall street

worries about the top line. theme parks were out and earn a one$.7 billion and it is $6.62 billion and the revenue miss will bother and here's the other thing about disney and leverage. through nine months this is the fiscal fourth quarter so nine month revenues of 3% but earnings per share for nine months up 26%. what happens on that cap lying? they squeeze out more profit by the earnings per share level so that will neutralize some of the laws wall street might give the stock overnight. liz: go to espn one more time. that has often been the biggest driver. any detail? >> haven't seen had line yet. robert gray might have by now. [talking over each other] >> we want to know about advertising and also fees for cable systems. [talking over each other] robert: you can look down a little farther to the bottom,

talking about the increase for the year and the net income improved operating results at espn and hong kong disneyland, helping them out as well in here but they did talk about growth at espn, a little higher up than the press release. higher operating income, $119 million increase at espn. dave: content costs for a lot of these entertainment companies, has really been a concern to espn. >> it has and they signed a new contract, sports ratings, live events as more of us do d b r programming they are kicking butt in the ratings and got plenty of revenue and at price increases to cover that stuff. what robert said about hong kong theme parks, hong kong, asia, slow down, and the thought that the disney hong kong theme park had a good quarters surprising.

the theme park business surprisingly recession resistant and does pretty well. another false point for the global economy. dave: a little growth might translate to a lot of disappointment but we will seek as trades come in slightly lower. thank you very much. we are two week from the start of holiday shopping season. retail sales are expected to rise at a slower case than last year. which names should you be betting on and which should you run from? we have the trade. dave: after being on fire following the first presidential debate, coal is going in the opposite direction taking the beating following the president's reelection so how is the industry going to put themselves back on the front burner? the president of the pennsylvania coal alliance has things to say. he will be joining as a fox business exclusive.

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liz: we have learned iran fired on an unarmed u.s. air force creditor grown in the persian gulf according to the pentagon. the drone was carrying out routine surveillance of maritime strength. dave: jennifer griffin joins us with the details. i don't know about an act of war but it ratchets up the tension. >> certainly unprecedented. the pentagon has confirmed today that on november 1st at

4:50 a.m. eastern time, a 25 fraud foot iranian fighter jet, two of them intercepted and was fired upon an unmanned unarmed u.s. predator grown. first time the iranians have fired on u.s. unmanned aerial vehicle, shots missed on both attempts and the drone headed away from the iranian coast landing safely soon after an undisclosed location with the iranian jets pursued the ground for a short period after firing shots. >> u.s. military aircraft conducting routine surveillance over the arabian gulf intercepted by iranian s u 25 fraud for aircraft and fired upon with guns. the incident occurred over international waters, 16 nautical miles across the coast line. it was not hit and returned to its base safely. >> george biddle says the

predator, the iranian coast east of kuwait over the persian gulf, 12 nautical miles represents the international aerospace border. little emphasized the drone never entered iranian airspace when asked why this incident was not revealed before in the days before the u.s. election will said the predator was on a, quote, classified mission adding the u.s. reached out to the iranians viet the state department and the swiss protective power. when asked if this is considered an act of war george little said he would not legally characterize it. liz: don't count out the news affecting the markets. markets get very tense when they see anything like that. let's shift gears. holiday shopping kicking off even earlier this year. are you ready to finish dinner quickly on thanksgiving? you look cute in that best.

would it be eddie bauer? step out at thanksgiving and get ahead on the shopping list. dave: walmart getting a leg up on the competition by opening its doors before black friday. time for retail winners and losers this season with our own sandra smith. >> if you want to we known outside walmart on thursday night but here's what they're doing but opening doors at 8:00. big competitors last year, target, they didn't open until midnight on the day after thanksgiving so we will see if they follow in walmart's footsteps. your the big deals being offered. walmart guaranteeing the ipad 2. opening their doors at 8:00 but guaranteeing between 10:00 and 11:00 at night. this is 1-hour for $399, the 16 gigabyte one plus $75 gift card. if they run out there giving you a guaranteed card that you will get one. best buy, the samsung galaxy s 3, the very fancy little device,

$48 with the two your contract. [talking over each other] >> that is a good deal. [talking over each other] sandra: sam's club, everybody gets new tvs for christmas. this hdtv -- [talking over each other] sandra: it normally sells for $16.98. this is a deal. dave: i have to put it on my roof. sandra: who are the winners and losers going to be? walmart expected to put up a huge fight opening the doors at 8:00 and announce a big layaway plan, stock is going to follow, stock up 23% this year and analysts say it will climb above $80 as we work our way -- dave: will let her the bottom line? sandra: i will tell use as it may injustice second but here's the big thing. the lower end retailers, the national retail federation is expecting lower sales this season, up 4.1% rather than 5.6%

we saw last year. they're looking for big bargains. they go to wal-mart. amazon.com is going to start selling wine. everyone is excited about this. amazon shares up 31%. they are offering a thousand wines christ between $10,000 -- they're ready before christmas holiday. here is a potential loser getting to your point. cold reported earnings beating profits in line with revenues. however there c e o on the call said this is going to be a very competitive holiday shopping season. he actually said it is going to be a very promotional one giving a little bit of a hint he expects that will cut into their bottom line if they have to put up the big sales to compete with everybody else. liz: was down 5%. sandra: got hit hard and that is a stock that is underperforming the broader markets of 5% so far this year. liz: thank you very much. we will try to look like that.

dave: tim pawlenty beat up on big banks, he now represents some of the same banks as ceo and president of the financial services round table. what is he thinking? a second obama term will bring for the banks? former governor tim pawlenty joining us exclusively after the break. i've been a superintendent for 30 some years at many

different park service uni across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter.

david: get this. a former critic of wall street bailouts is now advocating on behalf of the big banks working to influence the still unfinished implementation of dodd-frank. liz: tim pawlenty, financial services roundtable ceo and former governor of minnesota is joining us in a fox business exclusive. and, you know, it is having, governor, really? he was very verbally negative on the banks. some people like that because they felt the banks

got this country into at least part of the major financial crisis. what turned around to change your stance? >> first a couple of things. keep in mind the organization that represent, the financial services roundtable has some large banks but has whole array of nonfinancial institutions and mid banks and nonentities as well. number two, this is very important part of our economy. when i made comments critical of larger banks and wall street when i was running for empty in 2011 i said they should get out of the business of public subsidies. dodd-frank passed declared as a matter of law there wouldn't be further subsidies of these kinds of institutions. if there was a winddown in the future there would be more capital requirements and more oversight. if there was a winddown the charges relating to that would be borne by the industry itself. when i was predicting in those statements. david: your phrase was more colorful. you said get the snout out of the trough to be specific. >> that's right.

david: shows a lot on their part they would hire you after that. there are ways to subsidize and ways to subsidize. there was a direct way through tarp. most of that money was paid back. there are some indirect ways. some people say if you want to prevent the taxpayer from paying the cost of some of these bad banking bets you cut off their access to the federal reserve board because the more the fed prints up money, the more they provide cheap money to banks and other institutions the more they take the value of my money out of my pocket. >> well, we need to remember history and why the fed exists to begin with. i think it was after the 19 --. david: this is for commercial banks, not for financial institution, correct? >> well, the history of it relates to the stability of the financial system more broadly and deeply than just that. so we need to make sure we understand these issues historically and from the complexity what it means to the system overall. but in terms of the so-called bailout or snout out of the trough comments that i made the reason that i think there's good news on

the horizon that dodd-frank took steps, first of all, that were in many ways appropriate. more capital requirements. more oversight. orderly winddowns through living wills. if there is a charge or cost associated with the wipeddown the industry pays it itself. i think people should implement that in a way that is true to that intention but not overbake it so far that it detures the investment in lending we need to get this economy moving again. liz: governor, i know you know this because you did have a sensitivity to that but the fact is some of dodd-frank was changed because lobbyists from the financial industry descend, got, wormed their way inside the beltway, hundreds of millions of dollars these banks paid, just to kind of gum up the whole system. that is really unacceptable for the average american who is trying to see what happened never happen again. what are you doing about lobbyists? do you tell these institutions especially the big ones, guys, you need to back off?

>> well the financial services roundtable which i represent has said look, we agree with much of dodd-frank directionally. again more capital, more oversight, orderly wind down, no more bailouts but as the rules get written specifically as to the definitions of things like speculation for example, under the volcker rule we can all agree depositer money shouldn't be used for speculation. as you prohibit speculation we need to define that what it is simply and clearly and easily so it doesn't go so far to deter the lending economic activity we all need if the economy is growing and financial institutions playing the role that they need to play, the important role they play in the economy. so, these are big, complex matters. it is important to measure twice and cut once. that is a big part of i am bring mentation of dodd-frank -- implementation of dodd-frank. make sure it is clear and we know the rules of the road and it is not so overbaked

it detures economic growth. david: let's talk about some tax rules. taxes are due to go up january 1st. we saw some type of negotiation in a public forum by speaker boehner yesterday and harry reid weighing in. phat do you think will happen there? are we going to have an increase in the top rate of taxes in the u.s.? >> well this fiscal cliff looms large. it is no longer a political debate or philosophical debate it is mathematical necessity. the walls of the fiscal cliff, the walls are moving in such they have to solve it. we prefer it would be done in timely and orderly manner so it doesn't disrupt the economy. the nonpartisan cbo, congressional budget office, if they don't address this the gdp could drop 3%, go into negative territory, in other words a recession. unemployment could go back up to 9% and another series of cascading developments. they must address this as soon as possible. i have written a letter to

the president and congress on behalf of our organization to say, make a modest extension so you can buy yourself some time and tackle in comprehensive and structural way including spending reform which will have to include entitlement reform and tax reform in a way pro-growth and need be, lower rates and broaden the base. liz: governor tim pawlenty, financial services roundtable ceo and former governor of minnesota. we hope you keep them in line. thank you so much. >> thanks, governor. >> thank you very much. liz: historic change is coming to china. a once in a decade transfer of power. coming up a look what the new leadership can bring and whether there is good news for trade here at home. david: also we have the same leadership at home. president obama will be spending another four years in the white house. the news sapping the energy out of coal stocks which had been on a tear. so what is the future hold for the industry? up next john pippy, ceo of the pennsylvania coal alliance, joining us

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so i never missed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unedhealthcare. >> i'm robert gray with your fox business brief. the post-election selloff on wall street continued for a second straight day. investors remained concerned over the looming fiscal cliff. shares of online travel site kayak are flying higher in after-hours trading. priceline.com agreed to buy kayak for $1.8 billion in cash and stocks in effort to expand its own web-based travel service. under the terms of the deal kayak's management team will run operations independently as part of priceline group of companies. the deal is expected to close in the first quarter next year. auction house sotheby's posted a lower third quarter loss. revenue was slightly higher than estimates at $68.5

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when emerson takes up the challenge, "it's never been done before" simply bemes consider it solved. emerson. ♪ liz: coal stocks have been taking a hit since president obama's re-election. mitt romney was a big supporter of producing clean coal but now the that president obama will be in the white house for another four years there are a lot of questions, what does the future of the coal industry look like? david: joining us in a fox business exclusive interview, the ceo of the pennsylvania coal alliance, john pippy thanks for coming in, appreciate it. >> thanks for having me. david:most coal people i know were rooting for romney. of course they were dispointed. we saw a huge run-up in coal stocks as soon as mitt romney mentioned in the first debate saying he was a fan of coal. we've seen this drop off. we can put together a two-day chart to show you how much coal dropped in two

days. it is like 20%. are you expecting the president to be any less hostile to coal during his second term than he was in the first term? >> well, if the president is true to what he said about groups coming together, i think there will is a chance that we can bring this energy debate back into the middle ground, what would represent most of middle america rapped, you know, anyone who looks at it objective realizes coal, natural gas, all will be part of our energy portfolio. so that's what we're hoping. we're a little concerned because the epa in particular has gone the side of the radical left-wing in many cases and is trying to get rid of coal. they had a war on coal. i think now is the time for us to come together. the election's over and have a really good discussion about the future of energy, not only here in the united states but in the rest of the world because the rest of the world gets it. they're using coal as their primary source of energy. they burn five times as much

as we do in china and india. to hamstring our guys just wouldn't make sense. liz: let me get you on that comparison though. they're walking around with face masks in many cities in china because of real pollution. >> right. liz: surely you're not against all regulation to make sure at least it is clean burning? >> not at all. liz: what do we need to get rid of? certain particular phrase in the epa language you feel is unnecessary? >> well the issue here is really, our biggest challenge the way the green house, the co2. you know, as far as nox and sox, what people consider acid rain, since the '70s to now we have decreased our emissions by over 90%. so if you walk around a coal-fired power plant, especially the newer ones you don't even realize it. you're fishing outside it, you're enjoying it. if we want to be leaders in energy we should shipping that clean coal technology to china and india so they're not polluting and in their part of the world. david: john, trying to

figure out where your optimism is coming from. we're getting word there is group of 50 eepa staff members, putting new greenhouse gas emission standard that would essentially ban all construction of all new coal-fired power plants. >> right. david: with that coming out any day now, why would you be at all oop mystic? >> well, the, reality is, and that is the challenge we're going to have, we need these people to start looking at reality. the reality is the rest of the world will need 55% more energy over the next 20 years. in the united states we're going to need 20% more energy. that need can not be filled by just one source, whether it be renewables or natural gas, domestic oil. we are going to need a very diverse portfolio, if we can get away from that rhetoric, if we can tell them why are you limiting us as it relates to co2 we're just a small percentage, less of 3% of all co2 in the atmosphere

is man made and u.s. coal is small percentage of that, less than 3% of that? so you would have no environmental impact, no benefit, globally, they will admit that, but what you would have is $800 billion of new costs associated with it so we would artificially inflate our energy costs. and that is the conversation we're having, and that is why i think you saw a lot of heavily democratic areas go the other direction in this election because they see it. liz: john pippy, ceo of the pennsylvania coal alliance. david holding up a big chunk of it right now. david: we're holding up coal as we speak, john. >> thank you. david: best of luck. you're in for a tough couple years. >> we appreciate it. david: big changes ahead for china as the country prepares to choose new leaders. have you seen this? talk about our leadership change? they have big ones over there. we have all the details next. liz: which one of these companies was rated as the top place where individuals

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david: china is undergoing a once in a decade changing of the guard. liz: could this transition of power mean reform for the country and renewed policies between china and the u.s.? fox news's david pipee is in bangkok, thailand with the details. david? >> hi, there. the communist party congress is in a once in a decade gathering to choose china's new leaders but the chinese people have no say. senior members of the communist party make the decision who will be the next leader. it is all done behind closed doors. it was likely all decided long ago before this meeting. whoever takes over from president hu jintao will stay in that position for 10 years. his expected successor is ping. he is likely to take the position of communist party boss and become president in march next year. not a lot is known about him but those who met him say he is friendly and charismatic.

the biggest challenge the communist party is facing seems to be corruption. in his speech today at the party congress, president hu jintao warned if they don't tackle the issue, it could quote prove fatal for the party. he said officials must exercise more self-discipline and card against their families enriching themselves. a report by the "new york times" last week alleged premier win. >> bow's family amazed more than a million dollars. the gap between the rich and poor will be need to be addressed by the new leadership. but the bottom line the communist earth pa has to keep ex- -- party has to keep expanding the economy if it will keep a lid on any descent. a million people enter the workforce each year. if growth dips below 9% they might not find jobs. the global slowdown has hurt exports. china's central bank governor said, this quarterly he is figures show

signs of improvement. the party congress will be watched closely to see if there will be any hints of further policy measures to boost the economy. there are though unlikely to be any major changes. president hu jintao said in his speech today they will keep to current policies and hope to double gdp by 2020, figure that is the west can only dream of. back to you. david: david piper reporting from china. thank you very much. liz: let's take it off the desk, where is the best place to work we're asking? according to the report of world's most attractive employers, first place goes to the google. bocci courts, 25 cafes. melissa is next [ male announcer ] do you have the legal protection you need?

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